Overseas:
1. Amazon close to buying a stake in UK’s food delivery app Deliveroo
2. SoftBank leads $484 million investment in online travel start-up GetYourGuide
4. Ticketmaster put an end to screenshots with new digital ticket technology
5. MultiVu raises $7M seed round for its next-gen 3D sensor
7. Mobile ticketing company TodayTix raises $73M in new funding
8. Replex gets $2.45M seed round to help track cloud native spend
China:
1. China embraces use of proptech to improve office design and efficiency
2. Alibaba projects $72b in annual revenue despite US-China trade war
3. Baidu forecasts quarterly revenue below estimates, shares fall
4. Alibaba invests about $635M in Red Star Macalline, one of China’s largest furniture sellers
5. China’s Tesla wannabe Xpeng starts ride-hailing service
6. TikTok tops the iOS App Store for the fifth quarter in a row
7. Beijing Line 16 subway became the first subway line covered with 5G network in China.
8. Smart video product cloud platform OnVideo raised 15 million in a series A round
Cross-border:
Blockchain:
1. Several of the world’s largest banks to invest around $50 million in digital cash settlement project
2. Blockchain payments startup Terra raises funds from LuneX Ventures
Emerging Market:
1. Vertex Ventures hits $230M first close on new fund for Southeast Asia and India
2. Temasek-backed Reefknot Investment to invest up to $100m in logistics, supply chain startups
3. YouTrip, a challenger bank in Southeast Asia, raises $25.5M for expansion
4. E-commerce unicorn Tokopedia in talks to acquire wedding marketplace Bridestory, source says
Image credit: SCMP